
Known for apparels and accessories, Kering, an ensemble of powerful Luxury and Sport & Lifestyle brands, releases the results of its Group-wide Environmental Profit and Loss Account (E P&L) to encourage integration of the value of nature into business. An (E P&L) analyses the total environmental impacts in a company’s own operations, and across its entire supply chain and then estimates the cost to society of the changes in the environment resulting from these activities.
The 2013 Group E P&L account reveals learnings such as of the total environmental impact – 93 per cent falls within the supply chain, with over 50 per cent of the impact associated with raw material production (Tier 4 suppliers). Within the supply chain, 26 per cent of the impact is associated with raw material processing (Tier 3), and manufacturing and product assembly (Tiers 1 and 2) accounts for 17 per cent of the total impact. 7 per cent of the impacts are associated with Kering’s operations including retail (Tier 0). Of the total impact, 35 per cent comes from GHG emissions and 27 per cent from land use, and 25 per cent comes from leather, while 17 per cent is linked to cotton. Present in more than 120 countries, the Group generated revenues of € 10 billion in 2014 and had more than 37,000 employees at year end.






